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Capital gains - cost of acquistion

This query is : Resolved 

10 January 2014 DEAR PROFESSIONALS,

SUPPOSE IF I PURCHASE A LAND AND SELL IT LATER ON WHAT WILL BE THE COST OF ACQUISTION FROM THE FOLLOWING WHILE CALCULATING CAPITAL GAINS ON ITS SALE SUBSEQUENTLY.

STAMP DUTY VALUE :: RS.91000 /-
VALUE IN PURCHASE DOCUMENT:: RS.8200
CONSIDERATION ACTUALLY PAID:: RS.32000

YEAR OF PURCHASE :; 2006-2007
YEAR OF SALE::2010-2011

PLS CLARIFY

11 January 2014 the documented amounts ie the amount you paid as per records ie Rs 8200..

13 January 2014 IT WILL BE AGREEMENT VALUE OF RS 8,200.


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